Wells Fargo Bank on Tuesday filed a mortgage foreclosure complaint against disgraced legislator-turned-real estate agent and part-time actor Jeff Habay, court records show. According to the complaint filed in Allegheny County Common Pleas Court, Habay, 48, and his wife, Nubia, haven't paid the mortgage on their home in Shaler since March. The six-term state legislator resigned from the Pennsylvania House in 2006 following his conviction for using his office to perform political campaign work on state time. A year later, he pleaded no contest to charges of giving false statements to police for claiming a political opponent mailed him anthrax. He served about a week in jail, two months...

Lori Belles made it home before Christmas.
She had been living with friends and relatives for two months, she said, because her house in Emmaus was uninhabitable due to mold caused by water problems in the foreclosed home next door.
She moved back...

While the economy seems to be picking up, there still are plenty of reminders about just how bad things were.
One of them is next door to Roger and Pam Smith in Bethlehem.
The other half of their twin home on High Street has been empty since 2009....

A federal housing discrimination complaint has been filed against a major bank, alleging it takes better care of foreclosed homes in white neighborhoods than in minority neighborhoods. The National Fair Housing Alliance filed the complaint Tuesday against Well

A property development and management firm based in Easton for the past 20 years has come up with a new way to serve the real-estate market despite a national downturn in sales and a rise in foreclosures.
Koehler Kheel Realty and Building Management...

You can't start a new year without considering the good and bad of the previous year. Hopefully you're not burned out on "top 10" or "best of" lists by now, because this is one you should read. Consumeraffairs.com recently compiled ...

If your home is one of the many in line for foreclosure, you've probably gotten the calls and received the letters offering you help. Companies you've never heard of with catchy names promise they can save your home. All you ...

SAN JOSE, Calif. Are you ready to buy your next home with a single mouse click? You can't just yet, but several new ventures are lining up to make what's probably the biggest transaction of your life the purchase or sale of a home a one-stop...

Sixty-two thousand properties have faced foreclosure in Detroit this year over unpaid taxes. About half will likely be auctioned for $500 apiece this fall. Buying homes or vacant lots for $500 might sound inviting, even in a city as troubled as Detroit....

DETROIT Sometimes, Pia Farrenkopf's family wouldn't hear from her for years at a time. No letters. No visits. No phone calls. No hint of how the Pontiac, Mich. woman was, where she was or how she was living her life. And then one day, one...

A new government report shows many seniors are taking out reverse mortgages on their homes without fully understanding the ramifications, leading to foreclosures among borrowers and a tangle of problems for heirs after the borrower dies. ...

Q: I made an offer on a home. The house was listed at $65,000, and in the comments it stated possible short sale upon bank approval. I offered $50,000 cash, no contingencies.
The seller accepted the offer and closing was scheduled within three weeks...

Q: We purchased a home in 2006. In 2009 we applied for a loan modification, but it was denied. Later a foreclosure date was set on the home. We moved out and have not lived in house since 2009. Our lender sold the home last May but later discovered that...

Q: My sister is in a dire financial situation. She is single, 62 and was recently diagnosed with cancer. She owns a home that's now in foreclosure, which she cannot maintain. She has not worked for many years, and I have no idea what kind of income she...

By Ilyce Glink and Samuel J. Tamkin
Q: My husband and I purchased a condo in Atlanta in 2006 with an 80/20 loan, the 20 percent being a home equity loan.
The 80 percent primary loan is a Fannie Mae loan with a five-year initial period that is fixed-rate...

By Ilyce Glink and Samuel J. Tamkin
Q: Our condominium was foreclosed in July 2013, and we received a 1099 from the lender. Now a collection agency for our home equity line of credit (HELOC) lender is contacting us trying to collect on the $15,000 that...

By Ilyce Glink and Samuel J. Tamkin
Q: I am a CPA (retired). When the subject of underwater homeowners comes up, it seems that advice on this matter always ignores one truth that deserves to be told. When one takes out a mortgage to purchase a home,...

By Ilyce Glink and Samuel J. Tamkin
Q: I very much enjoy your weekly radio show. My son purchased a HUD home last October, and now he has an offer for a job located four hours away. Do you have any advice or direction in your books or ebooks which...

By Ilyce Glink and Samuel J. Tamkin
Q: I love Ilyce's radio show. I wish she had more than a few hours each week!
I am a 33-year-old professional planning for my future. I currently rent but am saving for a down payment on my first place. I would like...

Can you figure out how much a $300 sofa would cost during a half-price sale? If five people share the winning numbers for a lottery with a $2-million prize, can you calculate how much money will wind up in each winner’s pocket? If questions like these...